In an Apple store, while waiting for my phone to load up, I got talking with the young Indian man who was looking after me. He was a business studies student at a new university (i.e. former polytechnic). His parents had paid £20,000 to an agent in India to secure his place on the course, but they’d been told a lot of things that turned out not to be true, for example that graduates of the course had a 99% chance of securing a job – the real figure was very much lower. He felt he’d been lied to by the agent and by the university itself, but he dreaded telling his parents this because they’d invested so much to get him there, and were so excited on his behalf about what it would do for him.
I said to him that I had heard similar stories elsewhere about very low quality business studies courses geared to the international students who keep universities afloat by paying much higher fees than UK students. For instance, courses that accept students with only a very poor grasp of English. I said that it seemed to me that Western countries are still trading on the cachet that comes from empire, the idea that we, who are still so wealthy and who so recently ruled the world, have something special to sell, a sort of magic cloak of prosperity. I said I thought the time would come when countries like India and China would see through that magic cloak just as the small boy in the story saw through the Emperor’s clothes, and realise that their own colleges could do courses as good or better than the ones they pay so much for in countries like Britain.
Britian, I thought, along with Europe in general, has become old like me, relying on our past. He agreed, and continued the analogy by saying that countries like India were young like him, energetic and with nothing to lose.
It so happened that I went to get a coffee afterwards and ran into a friend who has a Sri Lankan background. He said he had a cousin from Sri Lanka who’d come over to Britain to study 15 years ago, had had the same experience as the guy in the Apple store, and drawn the same conclusions.
Britain became rich because wealth from empire allowed it to industrialise – and then to sell its products to its own vast captive markets. But nowadays we import most of our manufactured goods from Asia, and rely on the export of services (including education) to generate the income to pay for them. We are going to be in trouble, surely, when those same Asian countries realise that, just as they have overtaken us in manufacturing, they could overtake us in services too. My friend agreed. Leaving the EU, he thought, had accelerated our decline but even if we’d stayed in, we’d only have delayed it, not stopped it from happening.
At the end of their careers, older people can rise to senior positions and command high salaries on the basis of their accumulated experience and the prestige that comes with it. But eventually it becomes apparent that young people know as much or more, are better attuned to the world as it is, and will get a whole lot more done for a whole lot less – and that’s when the old people get pensioned off. The trouble is that when the ‘old person’ in question is not really a person but a country, there’s no pension pot to provide for our old age.